Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2310 Canterwood Dr Wilmington, NC 28401-7328
    Back to Search
    Property profile & analytics

    2310 Canterwood Dr Wilmington, NC 28401-7328

    View on Map
    • Day care centers
    • 12,734 SF
    • 1.11 lot acres
    Off-Market
    Property ID
    US53-1221507
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $1,020,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Kiddie Academy of Wilmington South Campus / Daycare Center

    Property Details for 2310 Canterwood Dr

    Year built
    2019
    Lot size
    1.11 lot acres
    Property size
    12,734 SF
    Zone code
    O&I-1
    Property type
    Day care centers
    APN
    R06014-005-004-000
    APU
    R06014005004000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $670,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,370,000
      Market price range: $598k - $1.93M

    • Alternative Use

      Use
      Estimation
      COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
      $1,330,000
      Current use
      APARTMENT HOUSE (5+ UNITS)
      $1,120,000
      Change: -16% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    New Hanover
    State
    North Carolina
    Longitude
    -77.9283
    Latitude
    34.2008
    CBSA code
    48900
    CBSA name
    WILMINGTON, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $18,279
    $377,100
    $1,786,100
    $2,163,200
    -
    $377,100
    $1,786,100
    $2,163,200

    Comparable in this City

    • Value Estimation by Request
      6,925 SF

      1950 Amphitheater Dr

      DAY CARE, PRE-SCHOOL • 6,925 SF
      1950 Amphitheater Dr, Wilmington, NC 28401-6500
      View Details
    • Value Estimation by Request
      3,139 SF

      1100 Orange St

      DAY CARE, PRE-SCHOOL • 3,139 SF
      1100 Orange St, Wilmington, NC 28401
      View Details
    • Value Estimation by Request
      4,575 SF

      2407 Flint Dr

      DAY CARE, PRE-SCHOOL • 4,575 SF
      2407 Flint Dr, Wilmington, NC 28401
      View Details
    • Value Estimation
      $1,460,000
      0.24 Acres

      1620 Martin St

      DAY CARE, PRE-SCHOOL • 0.24 Acres
      1620 Martin St, Wilmington, NC 28401-6482
      View Details
    • Value Estimation
      $2,515,000
      11,525 SF

      735 Medical Ctr Dr

      DAY CARE, PRE-SCHOOL • 11,525 SF
      735 Medical Ctr Dr, Wilmington, NC 28401-7574
      View Details
    • Value Estimation
      $1,395,000
      11,184 SF

      1401 16th St

      DAY CARE, PRE-SCHOOL • 11,184 SF
      1401 16th St, Wilmington, NC 28401-6423
      View Details

    Similar Nearby for Sale

    • $859,000
      2,455 SF

      Modern Duplex Near Downtown Amenities

      Two-unit building near downtown Wilmington with modern features and income potential.
      808 N 5Th Ave, Wilmington, NC 28401
      View Details
    • Contact for pricing
      4,985 SF

      Historic Wilmington Adaptive Reuse Opportunity

      Highly visible corner lot near downtown, Riverwalk, and Brooklyn Arts.
      416 Walnut St, Wilmington, NC 28401
      View Details
    • $1,990,000
      4,818 SF

      Downtown Wilmington Restaurant - For Sale

      Prime location, 4,818 sq ft, fully equipped.
      102 2Nd St, Wilmington, NC 28401
      View Details
    • Contact for pricing

      Downtown Wilmington Development Opportunity

      Prime .41-acre land in Wilmington's Central Business District.
      218 N 3Rd St, Wilmington, NC 28401
      View Details
    • Contact for pricing

      Downtown Wilmington Land Development Opportunity

      1.579-acre parcel in Wilmington's Central Business District.
      615 N Front St, Wilmington, NC 28401
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Industrial Space Near Highway 421

      Well-located industrial space with easy access to major transportation routes.
      3720 Us Highway 421, Wilmington, NC 28401
      View Details
    • Contact for pricing

      Renovated Office/Retail Space Available

      Move-in ready office/retail space with waterfront view in CBD.
      5 S Water St, Wilmington, NC 28401
      View Details
    • $4,525 /Mo

      Laydown Yard in Roymac Park

      2.02 acre laydown yard with convenient highway and port access.
      310 Metro Cir, Wilmington, NC 28401
      View Details
    • Contact for pricing
      3,000 SF

      Stand-Alone Office Building For Rent

      Stand-alone office building featuring 10 offices, 2 conference rooms.
      1320 S 16Th St, Wilmington, NC 28401
      View Details
    • Contact for pricing
      91,500 SF

      Wrightsboro Business Park Flex Space

      Flex space in Wilmington, NC, with office and warehouse components.
      2704 Castle Hayne Rd, Wilmington, NC 28401
      View Details
    • $1,750 /Mo
      4,125 SF

      Class-A Office Building For Rent

      Class-A office building with on-site parking and recent renovations.
      300 North 3Rd St, Wilmington, NC 28401
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2310 Canterwood Dr
    Wilmington, NC 28401-7328
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2310 Canterwood Dr, Wilmington, NC, 28401
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!